Achmea Investment Management B.V. acquired a new stake in Duke Energy Corporation (NYSE:DUK) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 37,353 shares of the utilities provider’s stock, valued at approximately $3,063,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Hennessy Advisors Inc. raised its position in Duke Energy Corporation by 1.5% in the first quarter. Hennessy Advisors Inc. now owns 379,737 shares of the utilities provider’s stock valued at $31,142,000 after buying an additional 5,500 shares during the last quarter. Hexavest Inc. raised its position in Duke Energy Corporation by 4.4% in the first quarter. Hexavest Inc. now owns 780,241 shares of the utilities provider’s stock valued at $63,988,000 after buying an additional 32,947 shares during the last quarter. Pegasus Partners Ltd. raised its position in Duke Energy Corporation by 0.5% in the first quarter. Pegasus Partners Ltd. now owns 23,034 shares of the utilities provider’s stock valued at $1,889,000 after buying an additional 110 shares during the last quarter. Brookstone Capital Management raised its position in Duke Energy Corporation by 7.9% in the first quarter. Brookstone Capital Management now owns 78,707 shares of the utilities provider’s stock valued at $6,455,000 after buying an additional 5,795 shares during the last quarter. Finally, Rothschild Investment Corp IL raised its position in Duke Energy Corporation by 0.3% in the first quarter. Rothschild Investment Corp IL now owns 48,836 shares of the utilities provider’s stock valued at $4,005,000 after buying an additional 152 shares during the last quarter. 55.41% of the stock is owned by institutional investors.

Shares of Duke Energy Corporation (NYSE:DUK) traded up 0.09% during mid-day trading on Thursday, hitting $86.39. 320,557 shares of the stock were exchanged. Duke Energy Corporation has a 12 month low of $72.34 and a 12 month high of $87.75. The stock has a market cap of $60.47 billion, a price-to-earnings ratio of 25.59 and a beta of 0.24. The company has a 50-day moving average price of $84.81 and a 200-day moving average price of $83.09.

Duke Energy Corporation (NYSE:DUK) last announced its earnings results on Thursday, August 3rd. The utilities provider reported $1.01 EPS for the quarter, meeting analysts’ consensus estimates of $1.01. The company had revenue of $5.56 billion during the quarter, compared to analysts’ expectations of $5.76 billion. Duke Energy Corporation had a return on equity of 7.72% and a net margin of 9.89%. Duke Energy Corporation’s revenue for the quarter was up 6.6% on a year-over-year basis. During the same period last year, the business posted $1.07 EPS. Equities analysts expect that Duke Energy Corporation will post $4.60 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 18th. Stockholders of record on Friday, August 18th will be given a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a dividend yield of 4.12%. The ex-dividend date is Wednesday, August 16th. This is a positive change from Duke Energy Corporation’s previous quarterly dividend of $0.86. Duke Energy Corporation’s dividend payout ratio (DPR) is 101.48%.

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DUK has been the subject of several recent analyst reports. Barclays PLC reaffirmed an “equal weight” rating and set a $88.00 price objective (up from $82.00) on shares of Duke Energy Corporation in a research note on Sunday, April 23rd. Zacks Investment Research lowered shares of Duke Energy Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday, April 25th. BidaskClub lowered shares of Duke Energy Corporation from a “buy” rating to a “hold” rating in a research note on Saturday, June 24th. Goldman Sachs Group, Inc. (The) raised shares of Duke Energy Corporation from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $82.00 to $85.00 in a research note on Monday, June 26th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and set a $87.00 price objective (down from $91.00) on shares of Duke Energy Corporation in a research note on Monday, July 10th. Four investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have given a buy rating to the company’s stock. Duke Energy Corporation has an average rating of “Hold” and a consensus target price of $82.71.

In other Duke Energy Corporation news, EVP Douglas F. Esamann sold 5,000 shares of Duke Energy Corporation stock in a transaction that occurred on Monday, August 14th. The stock was sold at an average price of $86.22, for a total transaction of $431,100.00. Following the transaction, the executive vice president now owns 50,316 shares of the company’s stock, valued at $4,338,245.52. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director E Marie Mckee sold 1,937 shares of Duke Energy Corporation stock in a transaction that occurred on Tuesday, May 30th. The stock was sold at an average price of $85.29, for a total value of $165,206.73. The disclosure for this sale can be found here. 0.07% of the stock is currently owned by company insiders.

Duke Energy Corporation Company Profile

Duke Energy Corporation (Duke Energy) is an energy company. The Company operates through three segments: Electric Utilities and Infrastructure; Gas Utilities and Infrastructure, and Commercial Renewables. The Company operates in the United States through its direct and indirect subsidiaries. The Electric Utilities and Infrastructure segment provides retail electric service through the generation, transmission, distribution and sale of electricity to approximately 7.5 million customers within the Southeast and Midwest regions of the United States.

Institutional Ownership by Quarter for Duke Energy Corporation (NYSE:DUK)

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